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Jindal Stainless acquires 9.62% stake in M1xchange

Jindal Stainless, Indian top stainless steel producer, along with its subsidiary Jindal Stainless Steelway Limited, has acquired a 9.62 per cent equity stake in M1xchange. The deal, disclosed on March 26, 2025, involves both new capital investment and the acquisition...

#Anurag Mantri#Jindal Stainless#M1xchange

CredAble crosses INR 250 crore in trade receivables securitisation

CredAble, India’s largest working capital technology platform, announced that it has successfully crossed INR 250 crore (US$29.14m) in trade receivables…

#CredAble#Manu Prakash#Pass-Through Certificates


Allianz Trade appoints new country manager for South Korea

Allianz Trade in Asia Pacific has appointed Wongi Kim as the new country manager for South Korea, effective April 1,…

#Allianz Trade#Andy Ryoo#Global Insolvency Report


Nirav Choksi of CredAble joins Editorial Board of BCR...

BCR Publishing is pleased to announce that Nirav Choksi of CredAble has joined the Editorial Board of BCR News. Nirav…

#BCR News#BCR Publishing#CredAble


Vietnam extends SCF Programme to 2030

Vietnam will extend its Supply Chain Finance (SCF) Programme through 2030, building on the success of the first phase, according…

#IFC#SECO#State Bank of Vietnam


SML Isuzu partners with Bank of Baroda to launch...

SML Isuzu Ltd., a specialised manufacturer of commercial vehicles, has entered into a strategic partnership with Bank of Baroda to…

#Bank of Baroda#invoice finance#SML Isuzu


Factoring – unlocking MSMEs growth in the Philippines

Micro, Small, and Medium Enterprises (MSMEs) make up 99.5 per cent of businesses in the Philippines, with a significant portion…

#factoring#Personal Property Security Act#Securities and Exchange Commission


LOLC Al-Falaah launches Sri Lanka’s first Shariah-compliant factoring solution

LOLC Al-Falaah, a leading provider of alternative financial solutions in Sri Lanka, has launched "Al-Falaah Wakalah Future-Cash," the country’s first…

#Al-Falaah Wakalah#factoring#factoring facility


IFC, SECO strengthen partnership to bolster SCF in Vietnam

To boost the competitiveness of Vietnamese smaller businesses, IFC, the Embassy of Switzerland, local authorities and business stakeholders celebrated the…

#IFC#scf#SECO


Spenda completes the sale of its invoice finance portfolio

Spenda Limited (Spenda or the Company), an Australian software company with embedded electronic payment solutions for supply chains and trading…

#Graple Invoice Finance#invoice finance#Spenda


WFY’24: ‘Factoring is Turkey’s second largest financial industry after...

The Turkish economy grew by 4.5 per cent in 2023, according to official figures. Filiz Ünal, Deputy Secretary General, Factoring,…

#factoring#Filiz Ünal#The Association of Financial Institutions


Vayana secures NBFC licence, eyes US$20m funding for expansion

Indian-based supply chain finance firm Vayana has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India…

#NBFC licence#RBI#supply chain finance

M1xchange simplifies corporate onboarding with DIY digital registration

M1xchange, India's leading RBI-licensed TReDS platform, has seen a 150 per cent surge in corporate onboarding, driven by the government…

#DIY Digital Buyer Onboarding#invoice finance#KYC

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